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05 December 2008
11:22 GMT
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Counting the cost of the credit crunch
William Wright, Editor
04 Aug 2008
It is difficult to imagine what $2.7 trillion looks like. It is roughly the same as the gross domestic product of the UK, the equivalent of the entire US economy shutting down for 10 weeks, or the total potential cost of the war in Iraq. It would buy you Citigroup 29 times over. If you paid it out to everyone on the planet, they would each receive $404. These dollar bills would stretch 259 million miles laid end-to-end.
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